Life at Collins Barrow is rewarding on so many different levels both professionally and personally: competitive compensation, a recognized work life balance and the ability to contribute with your firm to the community. Where you start your career is one of the most important decisions you will ever make.

Toronto, ON – Collins Barrow National is pleased to announce John Oakey, Senior Tax Partner from the Nova Scotia firm, will be leading the network’s tax committee, taking on the role of National Director of Tax Services.

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Back in July 2017, the Canadian Advanced Technology Association (CATA) published its update on SR&ED. Most of us are aware that in the 2012 federal budget, the federal government made cuts to the SR&ED program, through changes to both tax credit rates and eligibility rates for qualified SR&ED expenditures.

In December 2017, U.S. lawmakers passed the Tax Cuts and Jobs Act, the most comprehensive U.S. tax reform in more than 30 years. This infographic offers a basic guide to recent changes that may be applicable to U.S. citizens living abroad.

On July 18, 2017 the Federal Finance Minister announced proposals to change the tax rules related to income splitting using private corporations. The original proposals were subsequently withdrawn in October, re-released in December and after further changes the proposed legislation was included in Bill C-74 in March 2018. Bill C-74 received Royal Assent on June 21, 2018 and the new tax on split income (TOSI) rules are now in effect as of the beginning of 2018.

Data Is My Parachute Two of my passions in life are data and skydiving. One is work related and the other is my hobby but both share common characteristics. Both require a tool for me to be successful. In skydiving it is my parachute and at work it is data....

Waterloo, ON – From September 20-24, Collins Barrow partners from across the country will gather in Chicago, Illinois to pave an exciting path forward at the network’s annual Partners’ Conference. This event empowers firms and individuals to build on past successes to engineer even greater value for clients and their teams.

In recent Tax Alerts we discussed the tax on split income (TOSI), which limits income-splitting techniques involving private corporations by taxing amounts received at the highest marginal tax rate. The rules are complex and, to date, the Canada Revenue Agency (CRA) has provided only limited guidance on their application.

As the latest Lawyers Alert makes clear, the legal profession navigates a wide range of issues – including cybersecurity, compensation plans, marketing and demographics – that don’t always come to mind when we think of this complex industry.